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Camp Cuts With Guaranteed Money

October 27 2013 at 10:36am CST By Chuck Myron

A few more camp cuts await, as the Wizards stand at 18 players after Friday’s trade and the Rockets are holding tight at 17 guys. The players Washington lets go will all be on guaranteed contracts, since the team doesn’t have anyone on its books without a full guarantee on his deal. Houston could waive its pair of non-guaranteed contracts, but that would mean parting with Patrick Beverley and Greg Smith, both important contributors, as Luke Adams of Hoops Rumors pointed out last night.

Most of the players released from camp rosters this month were on non-guaranteed deals, but several of them had at least a partial guarantee, and two — Royce White of the Sixers and Chris Johnson of the Timberwolves — had fully guaranteed contracts. The Sixers, with plenty of cap room to accommodate extra payouts, owe more than $1.85MM to players who won’t be on their regular season roster.

Ironically, the smallest partial guarantee in the NBA this month, the $15K promised to Lance Thomas, managed to survive cuts. The largest partial guarantee to be paid out to a player waived this month is the $200K the Knicks owe C.J. Leslie.

Here’s a breakdown of every partially or fully guaranteed contract let go in October, sorted by team. Note that it doesn’t count players who were waived before camp, like Quentin Richardson and Chris Duhon.